ENTREPRENEURSHIP

Detailed explanation-1: -The concept of intellectual property relates to the fact that certain products of human intellect should be afforded the same protective rights that apply to physical property, which are called tangible assets. Most developed economies have legal measures in place to protect both forms of property.

Detailed explanation-2: -Unlike physical property, such as real estate, jewelry or cars, IP is intangible personal property. IP rights protect your right to use your original creation, but does not protect the idea itself. Some IP rights last for a specific amount of time, while others can, in theory, last forever.

Detailed explanation-3: -On this page you’ll find 5 synonyms, antonyms, and words related to intellectual property, such as: copyright, ip, patent, trademark, and trade secret.

Detailed explanation-4: -Instead, “intellectual property” is the ownership interest that a person or entity may have in creations of the human mind. Ownership of intellectual property means ownership of a concept or idea rather than ownership of a parcel of property or object.